Solution-What amount should bramble report as interest

What amount should bramble report as interest expense

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Question - On January 1, 2020, Bramble Corp. sold to Cullumber Company $820000 of its 8% bonds for $725943 to yield 11%. Interest is payable semiannually on January 1 and July 1. What amount should Bramble report as interest expense for the six months ended June 30, 2020?

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What amount should bramble report as interest expense

Reference no: EM132526301

Reference no: EM132526301

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